Nelnet, Inc. (NNI)
NYSE: NNI · Real-Time Price · USD
125.73
+2.33 (1.89%)
May 14, 2026, 4:00 PM EDT - Market closed
Nelnet Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 682.64 | 398.35 | 175.92 | 49.33 | 795.64 | 779.57 |
Depreciation & Amortization | 88.66 | 90.62 | 132.53 | 145.39 | 176.25 | 132.33 |
Provision for Credit Losses | 105.76 | 67.85 | 54.61 | 8.12 | 34.97 | -12.43 |
Stock-Based Compensation | 13.79 | 13.27 | 12.05 | 16.48 | 14.18 | 10.67 |
Other Adjustments | -211.25 | -228.97 | 443.9 | 466.38 | 355.88 | -2.8 |
Changes in Accrued Interest and Accounts Receivable | -34.91 | 7.3 | 257.04 | 45.86 | -64.86 | -85.6 |
Changes in Accounts Payable | -5.48 | -4.94 | -14.54 | -0.66 | 31.48 | -24.14 |
Changes in Other Operating Activities | 140.45 | 104.14 | 88.37 | 83.83 | 22.58 | 69.01 |
Operating Cash Flow | 404.93 | 422.99 | 662.89 | 432.03 | 683.06 | 480.33 |
Operating Cash Flow Growth | -25.36% | -36.19% | 53.44% | -36.75% | 42.21% | 37.59% |
Net Change in Loans Held-for-Investment | -295.43 | -332.48 | 2,321 | 1,852 | 3,057 | 1,848 |
Net Change in Securities and Investments | -274.67 | -233.97 | -466.42 | 103.24 | -690.5 | -603.51 |
Payments for Business Acquisitions | 197.01 | - | - | - | -34.04 | - |
Capital Expenditures | -34.41 | -26.24 | -20.9 | -74.05 | -59.42 | -58.95 |
Other Investing Activities | - | 949.09 | 578.59 | 57.48 | - | - |
Investing Cash Flow | 251.13 | 356.4 | 2,413 | 1,939 | 2,273 | 1,186 |
Net Change in Deposits | 431.12 | 483.04 | 442.53 | 52.28 | 347.01 | 289.68 |
Long-Term Debt Issued | 1,664 | 1,393 | 30.65 | 761.18 | 1,302 | 1,948 |
Long-Term Debt Repaid | -2,622 | -2,616 | -3,645 | -3,606 | -4,339 | -3,684 |
Net Long-Term Debt Issued (Repaid) | -957.94 | -1,223 | -3,614 | -2,845 | -3,038 | -1,736 |
Issuance of Common Stock | 1.92 | 1.88 | 1.95 | 1.78 | 1.63 | 1.47 |
Repurchase of Common Stock | -81.17 | -69.35 | -83.29 | -28.03 | -97.69 | -58.11 |
Net Common Stock Issued (Repurchased) | -79.25 | -67.46 | -81.34 | -26.25 | -96.05 | -56.65 |
Common Dividends Paid | -44.67 | -42.99 | -40.84 | -39.42 | -36.61 | -34.46 |
Other Financing Activities | -2.16 | 113 | 124 | 155.17 | 30.76 | 107.28 |
Financing Cash Flow | -654.87 | -737.14 | -3,170 | -2,703 | -2,793 | -1,430 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -2.8 | 0.28 | -0.44 | 0.02 | -0.16 | -0.12 |
Net Cash Flow | -1.6 | 42.53 | -94.47 | -332.13 | 163.43 | 235.79 |
Free Cash Flow | 370.52 | 396.75 | 641.99 | 357.98 | 623.64 | 421.38 |
Free Cash Flow Growth | -6.61% | -38.20% | 79.34% | -42.60% | 48.00% | 78.71% |
FCF Margin | 22.16% | 23.46% | 45.75% | 30.31% | 41.02% | 31.51% |
Free Cash Flow Per Share | 10.22 | 10.92 | 17.52 | 9.57 | 16.58 | 10.92 |
Levered Free Cash Flow | -584.32 | -623.36 | -2,987 | -2,555 | -2,543 | -1,317 |
Unlevered Free Cash Flow | 154.32 | 170.89 | 442.5 | 200.37 | 106.03 | 32.65 |
Updated May 7, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.